Europe@feddit.orgEnglish · 17 days ago

Six EU countries push for windfall tax on oil companies amid surging war profits

www.euronews.com

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Six EU countries push for windfall tax on oil companies amid surging war profits

www.euronews.com

tardigrade@scribe.disroot.org to

Europe@feddit.orgEnglish · 17 days ago

Six EU countries push for windfall tax on oil companies

www.euronews.com

Citing surging profits amid the Middle East war, six EU countries, including Germany and Italy, want finance ministers to discuss the levy at next month’s meeting in Dublin. #EuropeNews

cross-posted from: https://scribe.disroot.org/post/10914923

Six EU countries are intensifying calls for a bloc-wide windfall tax on oil companies as profits surge amid the war in the Middle East, according to a letter seen by Euronews.

The finance ministers of Germany, Italy, Austria, Poland, and Portugal, along with Spain’s economy minister, sent a joint letter to Ireland’s finance minister, whose country holds the rotating EU presidency. The ministers urged that a levy be added to the agenda for next month’s meeting of EU finance chiefs in Dublin.

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17 days ago
Does the German government even agree with its finance minister (it’s a 2.5 party coalition)? They’ve been doing the complete opposite of this since the current government coalition was formed.

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